Credit Cards Fees and Charges
|
| Type of Charges |
Amount/Rate
|
Annual Fee:
Visa/MasterCard
|
Card Type
|
Principal (RM)
|
Supplementary (RM)
|
| Gold |
38
|
28
|
| Great Eastern Titanium |
68
|
28
|
| Great Eastern Platinum |
138
|
38
|
| Titanium |
68
|
28
|
| Platinum |
188
|
68
|
|
Finance Charges:
Retail Purchases |
-
15% p.a. in interest charges on the 13th month for cardmembers who make prompt payments* for 12 consecutive months
-
17% p.a. in interest charges on the 13th month for cardmembers who make prompt payments* for either 10 or 11 months within the past 12 consecutive months
-
18% p.a. in interest charges for cardmembers who do not meet the above criteria
* Prompt payments refers to payments that meet the minimum payment requirement received by the due date.
|
Finance Charges:
Cash Advance Fees / Casino Chip Fee |
18% p.a. of the cash advance/casino chips amount calculated on a daily basis from date of transaction.
|
Minimum Interest Charged
|
Minimum interest chargeable is RM2.00
|
Cash Advance Fees/Casino Chip Fees
|
The cash advance fee is 5% of the amount advanced or a minimum of RM15, whichever is higher. This is imposed for each cash advance/casino chips transaction.
|
Minimum Monthly Repayment
|
5% of the outstanding balance or a minimum of RM50, whichever is higher.
|
Late Payment Charge
|
1% of the outstanding balance due or RM10, whichever is higher, up to a maximum of RM85.00.
|
Interest – Free Period for Retail Transactions
|
20 days from the statement date provided that there is no outstanding balance in the cardholder’s account.
If cardholder opts to make partial or minimum payment, finance charges on retail transactions will be imposed from the day the transaction is posted to the card account.
|
Conversion for Overseas Transactions
|
The currency conversion rate is determined by Visa International & MasterCard Worldwide plus a standard administration charge of 1% and any transaction fee levied by Visa International and MasterCard Worldwide.
|
Statement Retrieval Fee
a) Current to 2 months
b) 3 to 12 months
c) Above 12 months
|
Free of charge.
RM5 per statement.
RM30.00 per statement.
|
Other Charges:
a) Transaction Receipts Fee
b) Cheque Returned Fee
c) Card Replacement Fee
|
RM25 per original copy and RM15 per duplicate copy.
No charge.
RM30.
|
